The main factors driving this market's growth are increasing prevalence of chronic diseases, advancing technology in surgical procedures, and increasing geriatric population.
Market Size – USD 1.21 billion in 2018, Market Growth - CAGR of 6.6%, Market Trends –Increasing prevalence of chronic diseases, advance in technology for surgical procedures, and increasing geriatric population.
NEW YORK, May 08, 2019 (GLOBE NEWSWIRE) -- The Microsurgery Market is forecast to grow from USD 1.21 billion in 2018 to USD 2.06 billion by 2026, at a CAGR of 6.6%, during the forecast period. The main factors driving this market's growth are increasing prevalence of chronic diseases, advance in technology for surgical procedures, and increasing geriatric population.
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With the help of advanced medical equipment and devices, rapid technological advancement helps the development of the healthcare sector by introducing different types of operating techniques. Microsurgery is performed on delicate parts of the body, such as soft tissue, cornea, retina, arteries, veins and others, combined with specialized precision tools, and advanced diploscopes.
Free transfer of tissue is a reconstructive operation using microsurgery. A region of "donor" tissue that can be isolated on a feeding artery and vein is selected; this tissue is usually a composite of several types of tissue (e.g., skin, muscle, fat, bone). Common donor regions include the muscle of the rectus abdominis, muscle of the latissimus dorsi, fibula, bone and skin of the radial forearm, and lateral skin of the arm.
Further key findings from the report suggest
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Segments covered in the report:
This report forecasts volume and revenue growth at a global, regional & country level, and provides an analysis on the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the market on the basis of procedures, application, end-user and regional analysis.
Procedures (Revenue, USD Million; 2016-2026)
Application (Revenue, USD Million; 2016-2026)
End User (Revenue, USD Million; 2016-2026)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
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